Becoming a homeowner requires a significant amount of effort, but when you do your homework, the effort pays off in a big way. You have been saving money for months. Your debts are paid and you have been eyeing a particular house for some time now. You make an... Read more

Are you looking to take a mortgage loan in 2017? Then it may be a good idea to check out these lending myths that many people still believe in. Some of these are the result of financial ignorance and misinformation, so it’s a good idea to get a hang... Read more

While the Federal Reserve is taking their sweet time in raising interest rates, it is denying seniors the investment income they are in need of. On the other hand, taking their time in hiking up the interest rates could help out the older Americans in the long run as... Read more

Currently, mortgage rates are at a 3-year low, and renters are learning it may be cheaper per month to buy your own home. According to several loan companies, more applicants are currently being approved than at any other time in the last 10 years. Lending standards have loosened up,... Read more

Modern pop culture can create myths out of thin air like no one else can. Only some of the more common include “we use only 10% of the brain” or “don’t swim for 30 minutes after eating.” However, these are just myths and are actually false. After the housing... Read more

Buying a home can be a real challenge. Usually, you will look at many homes before finding “the one” that’s right for you. Then, it’s time to find a mortgage. Your job is to convince a mortgage banker that you are a good investment. You meet with the lender(s),... Read more

Like with most financial decisions, deciding whether it is wise to pre-pay your mortgage is not simple. There really isn’t one solid piece of advice that applies to everyone. Rather, there are a number of factors that should be considered when you are trying to decide whether you should... Read more

A home equity loan is a loan where the borrower uses the equity of their home as collateral to borrow money. Your home’s equity is its market value minus the mortgage(s) or other liens against it. When your mortgage is relatively new, most of your monthly mortgage payments go... Read more